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Showing posts with label still. Show all posts
Showing posts with label still. Show all posts

Tuesday, 25 August 2015

NIFTY PE is still high at 21.63 after recent market crash

NIFTY PE is still high at 21.63 after recent market crash


  • Recent crash has not give much attractive valuation for Nifty. Its still in 21.63 which is high.
  • We feel more correction is left and Nifty will come around PE 18.
  • We will see in coming days how this pans out. We wont see a drastic fall, but a slow erosion is what we expect.